Assume that column A and column C are the initial demand and supply curves.If supply changes to column D,one can infer the new equilibrium
A) price will be less than $40.
B) quantity will be greater than 70 units.
C) price will be greater than $50.
D) quantity will be less than 60 units.
E) quantity will be less than 70 units but greater than 60 units.